JUDGMENT Amitav K. Gupta, J. - The appellants are aggrieved that while awarding compensation of Rs.4,00,000/-, the interest has been awarded @ 6 % per annum. 2. It is submitted by the learned counsel for the appellants that Hon''ble Supreme Court in the case of Mohamadi and Others vs. Union of India , (2011) 4 TAC 873 (SC) has held that the interest would accrue on the compensation amount from the date of the claim application and the interest @ 9% which was awarded by the Tribunal and modified to 6% by the High Court was modified and enhanced to interest payable @ 9% per annum as ordered by the Tribunal. On the above ground it is prayed that the interest awarded @ 6% p.a. by the Tribunal is not in consonance with the settled principle and should be enhanced to 9% p.a. 3. Learned counsel appearing on behalf of respondent/railway has submitted that the Tribunal has awarded the interest @ 6% while exercising its discretion with the default clause that if the said amount is not paid within 90 days then it would carry the interest rate of 9%. That the respondents have to comply with the order. 4. Heard. It is well settled that the interest is awarded to compensate the claimant for the loss of the value of the money due to non-payment of the amount at the time of accident. Meaning thereby, interest is awarded to compensate the devaluation in purchasing power of the money due to delay in payment of the compensation. The Tribunal has considered the material evidence and the circumstances obtaining in the case and ordered for payment of the compensation with interest @ 6% with a default clause that if the amount with interest is not paid within 90 days then the respondent/railways are liable to pay the interest @ 9%. Evidently there is no settled proposition or a thumb rule that in each and every case interest @ 9% should be awarded. The impugned award does not merit any interference by this Court for enhancement of interest from 6% to 9% per annum. 5. The appellants/claimants are at liberty to take steps for execution of the award by filing the application before the competent authority. 6. With the said observation/direction the appeal is hereby, disposed off.